Rana Gruber Balance Sheet Health
Financial Health criteria checks 6/6
Rana Gruber has a total shareholder equity of NOK950.9M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK1.6B and NOK669.7M respectively. Rana Gruber's EBIT is NOK700.9M making its interest coverage ratio -1065.2. It has cash and short-term investments of NOK89.8M.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | -1065.2x |
| Cash | NOK 89.77m |
| Equity | NOK 950.91m |
| Total liabilities | NOK 669.71m |
| Total assets | NOK 1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7XH's short term assets (NOK508.8M) exceed its short term liabilities (NOK370.5M).
Long Term Liabilities: 7XH's short term assets (NOK508.8M) exceed its long term liabilities (NOK299.2M).
Debt to Equity History and Analysis
Debt Level: 7XH is debt free.
Reducing Debt: 7XH has no debt compared to 5 years ago when its debt to equity ratio was 140.9%.
Debt Coverage: 7XH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7XH has no debt, therefore coverage of interest payments is not a concern.